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    "Historically, corrupt nations are the once which have failed miserably both economically and socially." I very much doubt that this premise is accurate. Often corruption is essential to overcome bad governance. "greed also cause inefficiency." Almost every mainstream economist would disagree with this point. Commented Feb 28, 2018 at 0:30
  • @ohwilleke: On the contrary, greed can cause good government, since the officeholder collecting a considerable amount in bribes has a strong incentive to hold on to that office. If we look at failed (at least from the POV of the general population) governments like Venezuela, Zimbabwe, and North Korea, do we see the likely cause as "corruption", or as non-corrupt adherence to a failed ideology? Commented Feb 28, 2018 at 5:00
  • Corruption in China has probably been decreasing greatly over the past decades and is likely well correlated with the economic rise of country (as well as quality of life). The level of corruption in modern China is likely comparable to nations like Turkey or India. In fact some nations in the southeast Europe have considerably worse corruption ratings than China and some of those are candidates to EU membership (with good odds of entering EU in the next 10 years I would say). Commented Feb 28, 2018 at 11:09
  • Re "massive corruption": relative to what other nations? By what metric? (Perhaps corruption is just easier to measure in China, and more deviously concealed in other lands.) Commented Feb 28, 2018 at 18:32